Member Info for Robert-00

You’ll have no choice but to accept the 35p.

I have however spoken to Simon at woods investor relations and expressed my dissatisfaction in them even considering an offer of 35p considering how my multi million pound contracts they have got since Sidara Rocked up and he assured me that my thoughts have been passed onto the board.

The offer actually equates to 85p a share but unfortunately shareholders are only getting 35p a share, the other 50p is being paid in cash to wood to pay off debt, essentially the shareholders are paying off woods debt which in my opinion is wrong. If the offer equates to 85p then we should get 85p!!

A few weeks until this trebles, 1.2 target short term.

I’m happy to wait a few weeks to treble my money…

The current market cap is crazy low!!!!

We’ve done 15 x the average volume today so plenty of shares being churned.

Once released this will fly!!

Pennpetro Energy’s (LSE: PPP) Q2 runs through the end of June, with Q2 closing on 30 June. The company and investor commentary explicitly note that “Q2 … means by the end of June,” aligning with a calendar-based fiscal quarter .

So, to answer your question succinctly:

• End of Q2 = 30 June 2025 EMI

Demolition he said a few weeks… how do u figure Monday?

Reading that made my brain hurt, is it good news?

Next accounts made up to 31 December 2024

due by 30 June 2025

I thinks....

Https://x.com/earnzplc/status/1933149788343804370?s=46&t=f93eHaOCuoluFyylJQiJ6g

Example:

A tech company trading at £1 per share raises £50 million by selling new shares at £1.20 to a strategic investor who wants board seats and long-term partnership. The investor believes the company will be worth £2/share within a year.

Raising funds at a 125% premium to the current share price is highly unusual and significant. It means that the company is issuing new shares at more than double the current market price. This raises key questions and typically suggests one or more of the following scenarios:

1. Strategic Investment with Special Terms

• A strategic partner (e.g., a major supplier, customer, or acquirer) may be paying a large premium because the investment unlocks commercial advantages, like exclusive rights, tech access, or market positioning.

• The premium can be part of a negotiated package, often tied to:

• Board representation

• Operational involvement

• Future collaboration (e.g., joint ventures or exclusive deals)

2. Convertible Instruments or Warrants Involved

• It might appear to be a straight equity raise at a premium, but it may actually include other financial instruments like:

• Convertible notes or preferred shares with built-in rights

• Warrants or call options attached to the deal

• The nominal premium could offset other favorable investor terms (e.g., priority repayment, fixed dividends, or anti-dilution rights).

3. Share Price is Temporarily Depressed

• The market price may be artificially low due to:

• Illiquidity

• Market sentiment

• Technical trading patterns

• Management may argue the “real” value is much higher, and a sophisticated investor agrees, pricing accordingly.

• The investor could see long-term value that isn’t reflected in the public markets yet.

4. Non-Cash Consideration or Debt Conversion

• The shares may be issued to settle a liability, such as:

• Converting a large debt into equity at a pre-agreed price

• Acquiring an asset or business, where the seller accepts shares at a fixed, negotiated valuation

• In such cases, the premium reflects historical valuation, not the current market price.

5. Controlling Stake or Influence

• An investor seeking a controlling stake or influence (e.g., >25% for blocking rights) might pay a premium to secure the position without triggering broader market buying that could raise the price.

What to Watch:

If you see a 125% premium raise:

• Who is the investor? Are they strategic, financial, or internal?

• What do they get beyond shares? Board seats? Rights?

• Are there warrants, options, or other deal terms?

• What’s the context? Is the company distressed, undervalued, or in the middle of a strategic transformation?

Example:

A company trades at £0.80/share. A strategic investor agrees to buy new shares at £1.80 (125% premium). They get:

• 20% equity stake

• Exclusive distribution rights

• 2 board seats

• No resal

A publicly listed company (PLC) raising money at a premium to the share price—i.e., issuing new shares at a price higher than the current market price—may seem counterintuitive, but it can happen for several strategic reasons:

1. Strategic Investors Willing to Pay a Premium

• Institutional investors, private equity firms, or strategic partners may be willing to pay a premium for significant influence, access to proprietary information, board representation, or a long-term relationship.

• They might see long-term value in the company that’s not yet reflected in the market price.

2. Confidence Signal to the Market

• Issuing at a premium can be a signal of strength, suggesting management is confident in the company’s future prospects.

• It may avoid diluting existing shareholders too heavily, maintaining investor confidence.

3. Non-Cash Consideration or Strategic Deal

• Shares might be issued at a premium as part of an acquisition or joint venture, where the “purchase” isn’t for cash but for assets, IP, or ownership in another company.

• In such cases, the premium is often part of negotiated deal terms, especially if the target sees greater value in the combined entity.

4. Share Price May Be Undervalued

• Management may believe that the market is underpricing the company, due to temporary factors like low liquidity, poor sentiment, or market inefficiencies.

• A premium fundraising helps avoid “giving away” shares too cheaply.

5. Locked-In or Restricted Shares

• If the new shares are subject to lock-up periods or trading restrictions, the investors might accept a higher price in exchange for early access or other benefits.

6. Avoiding Negative Dilution Optics

• Issuing shares at a discount often triggers investor concern about dilution and financial health.

• A premium avoids the negative optics and may reduce or offset dilution fears.

This month I thinking reasonable.

Andy I emailed Tobias, he replied saying that's a question for the Directors and he's not sure why we have been told otherwise.

The 125% premium paid says to me that good news is about to be announced, and that had to be priced into the placing price, hence the 125% uplift.

Why such a huge premium?

Wood Group races to finalise Sidara deal by end of June

Wood and Sidara are aiming to get a binding transaction agreed by 30 June, when a waiver of Wood's lending covenants is due to expire, according to industry insiders.

https://news.sky.com/story/wood-group-races-to-finalise-sidara-deal-by-end-of-june-13381526

Closed period